Electric Bikes Market Is Forecast To Surpass US$ 77 billion by the year 2030

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Electric Bikes Market - Paving A Way to
Sustainable Future
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Do you know that a 2-wheeler emits approximately
the same CO2 emissions as a car? For your
astonishment the amount is estimated to be 300
grams of CO2 per kilometer. In order to attenuate
the consequences of the carbon emission, various
innovations such as electric bikes have been
done. Researchers suggest that electric vehicles
such as bikes and car can be an effective
solution to the air pollution. Owing to this,
electric bikes market is increasing significantly
and the governments all over the world are making
favorable laws. In this article, let us
understand the advantages of the electric bikes
and why they are the future of vehicle industry.
Let us distinguish between a regular bike and
electric bike-
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Market Synopsis
The electric bikes market size was expected to
USD 27 billion in the year 2021. Furthermore, the
market is anticipated to reach up to USD 77
billion by the year 2030. Get Sample Report
https//www.kennethresearch.com/sample-request-103
52026
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On account of these many factors, the popularity
of electric bikes is rising significantly. Below
are the few countries regarding the progress of
electric bikes market.

• China- In the year 2021, China sold out
  approximately 41 million electric 2-wheelers and
  the sales of electric bikes is expected to grow
  about 11 in 2023 to 46 million units.
• France- The government in Paris city is investing
  in electric vehicles. It is estimated that in the
  year 2019, more than 388,100 electric bikes were
  sold in France.
• United States- It is estimated that in 2021, more
  than 880,000 electric bikes were purchased in
  USA. The reason for the spike in the sales
  because of high gas prices.

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